Baiyun District of Guangzhou City has been changed from 4 towns and 18 streets to 4 towns and 20 streets.

Baiyun District of Guangzhou has been adjusted from the original 4 towns and 18 streets to 4 towns and 20 streets. Dayuan Street, Longgui Street, was established yesterday, and Taihe Town was "divided into three". Six years after the last administrative division adjustment, Baiyun District of Guangzhou once again ushered in administrative division adjustment, from the original 4 towns and 18 streets to 4 towns and 20 streets. Yesterday, Longgui Street and Dayuan Street were formally established. Taihe Town, located in the center of Baiyun District, is experiencing rapid economic and social development. The existing administrative divisions have become the bottleneck restricting the sustainable development of the region. Re-division of administrative divisions has become the way to promote regional development and one of the important ways to enhance the sense of well-being of local people. The newly-established Longgui Street and Dayuan Street are divided into three administrative divisions of Taihe Town, which divide Yongxing Village, Nancun Village, Nanling Village, Yuanxia Village, Xialiang Village, Baitang Village, Beicun Village, Longgui Community, Lotus Community, Longsui Community, Huiya Community, Donghu Yingyue Community and Jinlong Community of the original Taihe Town into three parts, and set up Longgui Sub-district Office as the resident organ of Baiyun District Government. The newly established Longgui Sub-district Office covers a total area of 26.7 square kilometers, and the Sub-district Office is located at No.13 and No.14 Long Rui Street. On July 1, Longgui Street was formally established. The original Taihe Town Dayuan Village, Shihu Village, Mi Long Village, Yuanshan Community, Lanshan Community and Fuyuan Community were set aside as a whole, and Dayuan Sub-district Office was established. The newly established Dayuan sub-district office covers a total area of 27.68 square kilometers, and the sub-district office is located at No.10 Dafengpu Road.After adjustment, Taihe Town has jurisdiction over 11 villages including Xingfeng Village, Suifeng Village, Helong Village, Caozhuang Village, Xiejiazhuang Village, Toupi Village, Tianxin Village, Shating Village, Yingxi Village, da li Village and Baishan Village, as well as three communities including Heshan, Liansheng and Fengtai, with a total area of 164.62 square kilometers, and the town government’s residence remains unchanged. After adjustment, Longgui Street, Dayuan Street and Taihe Town will play the role of concentrated radiation in towns and streets, drive community development and help rural revitalization. Embroidery will be used to promote the refined management of Baiyun District, and it will become a livable and innovative economic highland with integrated urban and rural areas, perfect supporting facilities and beautiful ecology. Dayuan Street: Introducing high-end logistics and e-commerce enterprises to promote industrial take-off. Dayuan Street is located in the south of the eastern science and technology innovation belt, one of the "five functional areas" in Baiyun District. The pillar industries that have been formed are logistics and Taobao e-commerce. At present, the economic development is extensive, the industrial level is low, and the infrastructure is insufficient. The management service work is incompatible with the rapid economic development and the sharp increase in population, and the social problems are prominent. Liang Guanlun, deputy head of the preparatory group of Dayuan Street, introduced that the newly established Dayuan Street is located in the south of Helong Science and Technology Innovation Valley in the development orientation of Baiyun District. The idea of industrial development mainly combines the current industrial base, and develops high-end logistics, scientific and technological services, e-commerce and related supporting facilities. Mainly divided into several areas to plan. The southern area of Dayuan Street will be dominated by living facilities and residential services; The central part will rely on Guangfo Ring Light Rail Station to carry out TOD comprehensive development, mainly focusing on TOD comprehensive services, TOD urban industrial communities, e-commerce and innovative R&D industries.Around Lin ‘an Logistics Park, smart logistics, high-end warehousing and logistics R&D headquarters industries are mainly developed. The west of Shihu Village will develop high-end logistics and supply chain headquarters base. The eastern part of Mi Long Village and Shihu Village is mainly about living facilities and residential services. On July 1, Dayuan Street was formally established. In the future, Dayuan Street will continue to introduce high-end logistics and e-commerce enterprises on the existing basis to promote the rapid development of regional modern industries. At present, Shihu Village, which is under the jurisdiction of Dayuan Street, has completed the storage and storage of 600 mu of land, which will be used as storage land to develop logistics storage headquarters and will be auctioned in the near future. The village is close to the subway station, and its future development is immeasurable. However, Mi Long Village is small in area, close to Taihe Market, and has a high level of urbanization. The next step will be to carry out environmental transformation and quality improvement. Liang Guanlun said that after the implementation of the street management system, the urbanization process in this region will be further accelerated. We will explore a new urban renewal model of purchasing and storage+quality improvement, demolition+classified disposal confiscation, confiscation+village community leaseback operation through the ongoing purchase and storage transfer of Rongfa land, and accelerate the transformation of urban form. In the second half of the year, Dayuan Street will plan the storage and quality improvement of relevant units according to this idea. It will promote the urban renewal work in this region in accordance with the principles of piece by piece, comprehensive policy and step-by-step implementation. "It can be expected that in a few years, the appearance of the city here will be completely changed." Liang Guanlun said. Longgui Street: Building an industrial development structure of "two cores, two axes and six districts" Cao Jingxi, head of the preparatory group of Longgui Street, introduced that Longgui Street is located in the middle of Baiyun District and is the geometric center of Baiyun District.Close to Baiyun Airport, the regional traffic conditions are superior. The north extension section of Metro Line 3 and Line 14 meet in two lines, and high-speed highways and main roads such as North Second Ring Expressway, Xinguangcong Highway, Beitai Road and National Highway 106 run through the whole street, with convenient traffic. While vigorously promoting the transformation and upgrading of traditional industries, Longgui Street will strive to cultivate strategic emerging industries and plan to form an industrial development structure of "two cores, two axes and six districts". Cao Jingxi explained that the "two cores" are the core of headquarters service and beauty innovation. The "two axes" are the intelligent service axis along the 105 national highway in the east and the intelligent development axis along the 106 national highway in the west. The "six districts" include the headquarters and administrative service area, the headquarters gathering area of Beauty Capital, Minkeyuan Zhizao Industrial Park, E-commerce Live Broadcasting Industrial Park, Biomedical R&D Industrial Park and Circular Economy Industrial Park. Relying on the spatial layout of "two cores, two axes and six districts", Longgui Street will improve the complete industrial chain from enterprise incubation, innovative research and development, business office, manufacturing to logistics distribution, and gradually develop into four characteristic industrial clusters: high-end equipment manufacturing industry, cosmetics and biomedical industry, new generation information technology industry and recycling industry. Adjusted Taihe Town: Developing Modern Agriculture to Achieve a New Breakthrough in Rural Revitalization In 1987, Baiyun District was established, and the original Taihe Office was renamed Taihe Town. At the same time, seven townships in the Longgui area originally belonging to the Institute were designated as Lilonggui Town. In 2004, the original Taihe Town and Longgui Town merged into the current Taihe Town, which has jurisdiction over 21 villagers’ committees and 12 community residents’ committees.It is the second batch of key towns in Guangzhou. The adjusted Taihe Town, relying on the basic resources of Maofeng Mountain, continues to maintain the orientation of rural development and vigorously promotes the implementation of rural revitalization strategy. We will gather high-tech enterprises around Minke Park and Helong Science and Technology Innovation Valley, focus on developing high-tech environmental protection technologies and ecological industries, and create a livable and innovative economic highland with integrated urban and rural areas, complete supporting facilities and beautiful ecology. Relying on the TOD of Taihe Station around Guangfo and the TOD of Taihe Station on Line 14, we will develop industrial, commercial and economic centers. We will promote the construction of beautiful countryside Group in Shating, Toupi, Baishan and Suifeng villages, revitalize rural assets such as idle farmhouses, and promote rural tourism resources to achieve new breakthroughs in rural revitalization. Peng Peng, Executive President of Guangdong System Reform Research Association, said that the adjustment of administrative divisions in Taihe Town shows that the urbanization process has led to changes in the regional functional pattern. For a long time, Taihe Town has been a junction of urban and rural areas, and some of them are rural areas. The other part, represented by Dragon, has a high level of urbanization, while Dayuan Village has a large volume, rapid economic development and a large number of people coming to Guangzhou. It is appropriate to divide an area between the two places and set up streets separately. Dividing the original Taihe Town into three parts, namely, Chenglonggui Street, Dayuan Street and Taihe Town, is conducive to narrowing the scope of management, promoting targeted management and making the allocation of administrative resources play a positive role. It is suggested that urban planning should be adjusted accordingly, and the functional zoning and location development orientation of towns and streets should be more clear.And do a good job in the effective connection between staffing and management mechanism. In-depth interpretation 1. Why do we need to re-divide administrative areas at present? The development of the three major districts is uneven, and the administrative division has been adjusted to break the bottleneck of regional development. In 1987, the former suburb of Guangzhou was officially renamed Baiyun District of Guangzhou, which was included in the urban system of Guangzhou. At that time, there were 12 towns, 3 sub-district offices and 1 fishery association in the district. Over the past 30 years, the urbanization process in Baiyun District has been accelerating. After the 24th administrative division adjustment was completed in 2014, Baiyun District formed a pattern of 4 towns and 18 streets. From 2014 to now, Baiyun District has ushered in six years of great development and great change. Today, it is in an important period of strategic opportunities and a critical period of transformation. With the rapid economic and social development of Taihe Town, the population within its jurisdiction has increased dramatically, the regional coordinated development is unbalanced, and the contradiction between social management services and people’s needs has become increasingly prominent, which has seriously restricted the sustainable development of the region and urgently needs to be properly resolved through administrative division adjustment. The relevant person in charge of the Civil Affairs Bureau of Baiyun District said that from the regional map of Taihe Town, Longgui and Dayuan areas are located in the south of the North Second Ring Expressway, adjacent to urban areas such as Jiahe Street, Yongping Street and Junhe Street, and are one of the key urban areas for optimization, upgrading and transformation and upgrading in northern Guangzhou. Among them, Longgui area is mainly residential quarters, and most areas are resettlement houses; Dayuan, Mi Long and Shihu areas are mainly urban villages; The northern part of Taihe town is dominated by agricultural ecology, and the three major areas show an unbalanced development trend. According to reports,The administrative division adjustment of Taihe Town has widely listened to the opinions of cadres and representatives of the masses at all levels in Baiyun District through various forms such as symposiums, field visits and interviews. It is believed that on the principle of "simplification, unification and efficiency", actively and steadily carrying out the adjustment of administrative divisions of Taihe Town is conducive to accelerating economic and social development, promoting the coordinated development of urban and rural areas, promoting new urbanization and promoting infrastructure construction. Second, how to adjust administrative divisions and what principles should be followed? The focus of service moves down, and refined management enhances people’s sense of gain. According to the relevant person in charge of Baiyun District Civil Affairs Bureau, the adjustment of administrative divisions of Taihe Town aims at community integration and accurate service on the basis of respecting the wishes of the people. "For example, the predecessor of Longgui Street is Longgui Town. The local residents have a emotional closeness and geographical relationship with Longgui District. Dividing it into Longgui Street will help the street to better optimize resource allocation and improve grassroots service capabilities." According to the relevant regulations on the establishment of sub-district offices in provinces and cities, the situation of the two streets of Longgui and Dayuan to be established in terms of permanent population, jurisdiction area and annual fiscal revenue all meet the standards for setting up streets. The person in charge said that after dividing Longgui Street and Dayuan Street, it will help alleviate the original grassroots governance pressure in Taihe Town, further improve the management level of social services in the town, realize the shift of management service focus, and improve the social governance capacity of Taihe Town as a whole. Residents of newly established Longgui Street and Dayuan Street can also enjoy more refined social management services. Next, Baiyun District Civil Affairs Bureau will unite with a third-party technology company,According to the original boundaries of Taihe Town, Longgui Area and Dayuan Village, the map operation shall be carried out first through the image map. After the work on the map is completed, the technical team will be organized to carry out on-site surveying and demarcation, and the basic boundaries between Taihe Town, Dayuan Street and Longgui Street, and between communities will be defined, and the regional boundaries will be clarified for effective jurisdiction. Third, what are the benefits of administrative division? Divided into three parts, the allocation of administrative resources plays a positive role. The basic public service level is a direct manifestation of the government’s social governance ability. Providing precise and refined management is to meet the people’s growing desire for social management services. According to the relevant person in charge of the Civil Affairs Bureau of Baiyun District, before the adjustment, the area and population of Taihe Town were large, and the problem of "small horse-drawn carts" was very prominent. The current allocation of administrative resources could not meet the actual needs of precision and refinement of social management services; The lack of public facilities is also one of the biggest problems faced by Taihe Town before the administrative division adjustment. Take Dayuan Village as an example. It has a jurisdiction area of 18.02 square kilometers, a registered population of only over 5,000, a floating population of over 140,000, and a population density of nearly 8,000 people per square kilometer. There are more than 10,000 economies under its jurisdiction. It is difficult to guarantee social public services such as basic education and medical care, and there are security risks in food safety, production safety and illegal construction. Re-adjustment of administrative divisions is conducive to shifting the focus of management services and improving the ability of social governance; It is conducive to strengthening the public service function and establishing and perfecting the public service mechanism.Improve and optimize the public service mode; It is conducive to filling the shortcomings of people’s livelihood construction, improving public services and giving the people more sense of gain; It is conducive to encouraging and supporting the participation of all sectors of society and realizing the benign interaction between government governance, social self-regulation and residents’ autonomy.

The 15th anniversary of China’s accession to the World Trade Organization has made the pace of its integration into the world firmer.

  On December 11th, 2016, it has been 15 years since China joined the World Trade Organization (WTO). In the historical process of China’s reform and opening up, China’s accession to the WTO is a key turning point. On December 11th, 15 years ago, China and the world took that important step together, which not only made China more closely connected with the world, but also made China more firmly integrated into the world.

  Mutual benefit and win-win, the biggest "gift package" brought to China and the world.

  In the 15 years since China’s entry into WTO, China has benefited from the development of globalization, and at the same time, it has been more deeply integrated into the world economy, becoming an indispensable and important force to promote the development of the world economy. Mutual benefit and win-win is an accurate description of the changes in the relationship between China and the world in the past 15 years.

  "Joining the WTO is an important milestone for China’s economy to integrate into the world economy, and it is also an objective need for China to adapt to the development trend of economic globalization and further deepen reform and opening up." Gu Xueming, president of the Institute of International Economic and Trade Cooperation of the Ministry of Commerce, pointed out in an interview with the Economic Daily that "joining the WTO has played an important role in promoting China’s foreign trade development and stimulating economic growth."

  Gu Xueming pointed out that, for China, by joining the WTO, China began to participate in the multilateral trading system, and established closer cooperative relations with other countries in international trade, investment, service and technology transfer, which in turn helped China to use factors and markets in a wider range, pushed reform and opening up to a new stage, and greatly promoted the development of social productive forces. At the same time, China’s accession to the World Trade Organization has enabled China to enjoy the results of tariff concessions in eight rounds of negotiations since the establishment of the General Agreement on Tariffs and Trade, and enjoy the GSP treatment more widely, greatly improving China’s terms of trade, and at the same time promoting China’s further reform of its foreign economic and trade system, and taking important steps.

  On the whole, from 2002 to 2015, the real GDP of China achieved an average annual growth rate of 9.74%. In 2001, China’s GDP was US$ 1.33 trillion, accounting for only 4.02% of the global GDP. By 2015, China’s GDP will reach US$ 10.87 trillion, accounting for 14.78% of the world’s total, ranking second in the world, up by 10.76 percentage points compared with that before China’s entry into WTO. According to the trade data, from 2002 to 2015, the import and export of China achieved an average annual growth rate of 15.31%. In 2001, China’s total import and export volume was 0.51 trillion US dollars, accounting for only 4.02% of the global import and export volume. After 15 years, in 2015, China’s total import and export volume was 3.96 trillion US dollars, about 8 times of the total import and export volume before China’s entry into WTO (2001), accounting for 11.89% of the global import and export volume, which was 7.87 percentage points higher than that before China’s entry into WTO.

  "Since China’s accession to the WTO, it has made efforts to reform its domestic economic system and legal system in accordance with WTO rules, which has enabled China to integrate into the global economic system more quickly, and its foreign economic and trade activities have increased rapidly, and its share of trade and investment in the world has also increased substantially, effectively boosting China’s economic growth." Professor Sang Baichuan, dean of the Institute of International Economics of the University of International Business and Economics, said in an interview with the Economic Daily that China’s accession has also provided more trade and investment opportunities for other WTO members, which has boosted the growth of the world economy. "In the past 15 years, China has contributed the most to the growth of world economy and trade among the members of the World Trade Organization."

  Over the past 15 years, China’s contribution rate and pull to world economic growth have been continuously improved. From 2002 to 2015, the proportion of China’s GDP in the world increased from 4.25% to 14.78%. If we look at the two points before and after China’s entry into WTO, we can find that in 2001, before the entry into WTO, the contribution rate of China’s real GDP to the world was only 0.53%, and the pulling degree to the global real GDP growth rate was 0.03 percentage points. However, by 2015, the contribution rate of China’s real GDP to the world is 24.8%, and the driving force to the global real GDP growth rate is 0.6 percentage points.

  "In a global sense, China’s entry into WTO has injected new vitality into the further development of economic globalization", Gu Xueming pointed out, "China has driven the development of the world economy with its own development".

  Keeping its promise, China constantly promotes the improvement of international trade rules.

  In the past 15 years, the changes brought about by China’s accession to the WTO are not only reflected in its strong support for the world economy, but also in its commitment to the WTO, its respect for WTO rules and its promotion of the development of international trade rules in a more just and reasonable direction. As a representative of emerging economies, China has promoted the change of irrational and unjust international economic order and the evolution of global economic governance.

  "The integration of China and the world economic system is not only reflected in the integration of capital, resources and markets, but more importantly, the docking of rules." Researcher Xing Houyuan, deputy director of the China Service Outsourcing Research Center, pointed out in an interview with this reporter that in the past 15 years, China’s compliance with WTO rules has made great contributions. "Multilateral rules have been practiced and promoted in China, the world’s most populous market and the second largest economy in the world."

  After China’s entry into WTO, China has become an active participant, defender and contributor to the multilateral trading system, and advocates that the multilateral trading system represented by WTO should be the main channel of global trade rules. Over the past 15 years, China has taken practical actions to safeguard the multilateral trading system, participated in the construction of the multilateral trading system in an all-round way, and continuously improved its position and role in many WTO negotiations. China is committed to the progress of the Doha Development Round and actively participates in all rule-making and market opening negotiations within the WTO framework; Strictly implement the WTO ruling, use the trade dispute settlement mechanism to oppose trade protectionism, and file 13 lawsuits with the WTO; Successfully passed six WTO trade policy deliberations; Support the least developed countries and developing countries, and from December 10, 2015, implement zero tariffs on 97% of the tax items of 33 least developed countries that have established diplomatic relations and completed the exchange of letters; As the host country of the Asia-Pacific Economic Cooperation (APEC) meeting in 2014 and the presidency of the G-20 in 2016, we have sent a positive signal together with all parties to support the multilateral trading system and resolutely oppose protectionism.

  At the beginning of China’s entry into WTO, the tariff level was greatly reduced at first, and the tariff levels of industrial products and agricultural products were lowered to varying degrees. China has been working hard to promote the implementation of trade facilitation and investment facilitation. In terms of market access for service trade, China has continuously expanded the scope of market access for service trade. In terms of investment access, China has introduced the market access mode of national treatment plus negative list. In addition, bold efforts have been made to reduce non-tariff measures. At the same time, a large number of administrative examination and approval items have been cleared up, many administrative examination and approval contents have been cancelled, and a series of international economic and trade laws and regulations have been revised. China has made great improvements in intellectual property protection, environmental standards, import and export inspection and quarantine system, foreign exchange management system and international capital flow management system.

  "As a member of the World Trade Organization, China is not only trying to adapt to the requirements of the rules of the World Trade Organization, but also trying to carry out effective cooperation with developing and developed members to promote the improvement of the rules of the World Trade Organization," Sang Baichuan told reporters. For example, in the Doha Round negotiations, China was an active contributor. China also plays a constructive role in promoting fair trade and promoting negotiations on common issues of common concern. "China is an important builder of the World Trade Organization and an important force for adhering to the multilateral economic and trade system."

  "China has made efforts to promote the development of international trade rules in a more reasonable and just direction," Gu Xueming pointed out. On the one hand, China has fully participated in the construction of the multilateral trading system, and its position and role in many WTO negotiations have been continuously improved. China promoted the conclusion of the WTO Agreement on Trade Facilitation and the Agreement on Information Technology (ITA), and contributed to its early implementation. At present, China is actively participating in a number of plurilateral negotiations under the WTO framework, including participating in the negotiation of the Agreement on Environmental Products as a sponsor, submitting six bidding lists for China’s accession to the Agreement on Government Procurement to the WTO, and applying to join the negotiation of the Agreement on Trade in Services. On the other hand, China is committed to building a high-level free trade zone. Up to now, 14 free trade agreements have been signed and implemented, involving 22 countries and regions. China-South Korea and China-Australia Free Trade Zones cover new issues such as intellectual property rights, competition, cross-border e-commerce and environment, while China-US and China-EU new generation investment agreements and RCEP negotiations pay more attention to investment liberalization, and adopt the mode of pre-entry national treatment plus negative list. In November 2016, China and New Zealand initiated negotiations on upgrading the China-Singapore FTA.

  Open wider to the outside world, persist in economic globalization and oppose protectionism.

  The changes and adjustments brought about by the international financial crisis are still going on, and the economic and trade pattern including world trade, investment and industrial chain is also undergoing profound changes. What kind of strategy China will adopt in the future to face the development and changes of global trade pattern and multilateral trading system is a question worthy of serious consideration.

  The current multilateral trading system has made remarkable achievements since its establishment in 1995. The total trade volume of more than 160 member countries accounts for more than 90% of global trade, which has played an irreplaceable role in global trade and investment liberalization and world economic growth. However, the existing international trade rules, based on traditional trade issues, are mainly used to regulate the cross-border trade flow of goods, which has fallen far behind the actual needs. At present, trade protectionism is on the rise, trade friction is intensifying and the international trade environment is deteriorating, which hinders the recovery of the world economy. Therefore, China is actively seeking ways to promote the upgrading of multilateral trade rules, promote the negotiation of WTO plurilateral agreements, and support the early completion of the Doha Round of WTO negotiations.

  "In the future, China should continue to oppose trade protectionism, strengthen international cooperation and jointly safeguard the multilateral trading system. Give full play to the important role of the dispute settlement mechanism under the WTO framework in maintaining the stability and predictability of the multilateral trading system, "Gu Xueming told reporters:" WTO members will not easily give up the multilateral trading system that benefits the global economy, and China will continue to make efforts to support the early completion of the WTO Doha Round negotiations and truly realize the development goals set by all members. "

  "For the current trade protectionism, we should not only stay at the level of advocacy and moral accusation, but also take practical measures at the multilateral level, and the overall framework should be adjusted." Xing Houyuan said that only when the restraint mechanism is perfect and trade protectionism is actually restrained can we maintain the fair development of global trade.

  "Under the framework of the World Trade Organization, maintaining a fair and free trade system is the direction that China should stick to". Sang Baichuan pointed out that in the development of international economic and trade rules, the distribution of interests among WTO members is unbalanced. The income of different classes within a member is also uneven. Under the two unbalanced conditions, different views and strategies on trade liberalization have been triggered. Some WTO members have picked up the means of trade protection, which has also formed an impact on the multilateral system. In the future, China should promote the improvement of international economic and trade rules and reform the global economic governance system in accordance with the basic concepts of fairness, openness, sharing and mutual benefit. "We should give full play to the basic role of the WTO in global economic governance, take the multilateral system as the foundation and regional cooperation as the starting point, and jointly promote the liberalization and fairness of international economic and trade from both multilateral and regional dimensions."

Technology giants "cross-border" to fight cancer

  Cancer can be described as the sword of Damocles hanging on everyone’s head. How to cure cancer is one of the most important topics in the field of science at present, and it has also attracted the attention of many scientists, including the technological giants who have always been "trendsetters" of the times.

  Although Microsoft, Google, IBM and other companies are famous for their software, computers or mobile phones, now they have begun to devote themselves to the war against cancer without smoke, hoping to cure cancer as soon as possible. Microsoft even said that the latest method it developed may eradicate cancer within 10 years.

  Microsoft: Fighting Cancer with Cell Programming

  Microsoft Research Lab is located in Cambridge University, England. It has attracted many of the best biologists, programmers and engineers in the world. These 150 professionals are working on many projects as part of the "Biocomputing" unit. Their ultimate goal is to deal with cancer.

  According to a recent report by the British Daily Mail, scientists in this laboratory regard cancer as a big loophole in the computer system. They hope to make cells into living computers within 10 years, and then treat diseases including cancer by programming and reprogramming these cells.

  Chris Bishop, the head of the laboratory, said in an interview with Fast Company magazine: "The fields of biology and computing seem to be irrelevant; But in fact, the complex processes that occur in cells are very similar to those that occur in computer systems. "

  Zhou Yizhen, Microsoft’s global senior vice president in charge of the research laboratory, explained that Microsoft’s solution to cancer is based on two basic methods: First, cancer and other biological processes are information processing systems, and the laboratory of Cambridge University is currently conducting research based on this idea; Second, researchers can apply technologies such as machine learning to biological data. Therefore, "collaboration between biologists and computer scientists is crucial".

  In 2012, researchers at Stanford University in the United States made a complete computer model of organic matter for the first time. The bacterial model of Mycoplasma genitalium was based on the data extracted from 900 scientific papers, and its performance was almost exactly the same as that of real bacteria. Since then, the field of computational biology has developed.

  Simulating life enables scientists to carry out more complex experiments. At present, Microsoft’s programming team has developed software that can simulate the healthy behavior of a cell. Next, scientists will start to write code, so that healthy cells can be compared with sick cells to learn where the problem lies and how to solve it.

  In the short term, the computational model developed by Microsoft scientists can help pharmaceutical companies to develop new drugs. Andrew Phillips, head of the research team, said: "In the long run, it is technically feasible to propose an intelligent molecular system that can detect diseases within 5 to 10 years."

  James Fisher, a senior researcher at Microsoft and an associate professor at Cambridge University, told the Daily Telegraph: "If we can control and manage cancer, it will probably become similar to a chronic disease, and the problem will be solved. I believe that in the next 10 years, we will be able to completely eradicate cancer. "

  IBM: Using Artificial Intelligence to Deal with Cancer

  Unlike Microsoft, which regards cancer cells as loopholes in computer systems, IBM’s magic weapon against cancer is its Watson artificial intelligence system.

  According to a recent report in the Nihon Keizai Shimbun, IBM and the Institute of Medical Science of the University of Tokyo will jointly develop a method to treat cancer with Watson. IBM will input the latest data of papers and drug efficacy in Japan and abroad into Watson; Scientists in the institute will input genetic data extracted from the blood and tissues of Japanese cancer patients. According to the database, "Watson" will be able to propose a treatment plan suitable for patients such as drugs with less side effects and better efficacy in about 10 minutes.

  It is reported that they used this method to judge that a 60-year-old woman has rare leukemia, and proposed a treatment plan to the researchers, which made an important contribution to the rehabilitation of this woman.

  In fact, "Watson" has already entered the field of cancer treatment. In May last year, IBM announced that 14 cancer centers from the United States and Canada would deploy the "Watson" computer system to select the appropriate treatment plan according to patients’ tumor genes.

  According to MIT’s Technology Review, Watson has learned 600,000 medical evidence reports and 150 patients’ case and clinical trial reports, which can help doctors design more accurate cancer treatment programs for patients.

  Google: Using Intelligent Algorithms to Accurately Fight Cancer

  Google has taken a different approach and developed algorithms to deal with cancer.

  MIT Technology Review magazine reported that Google’s machine learning division "DeepMind" plans to use artificial intelligence algorithms to streamline complex cancer radiotherapy programs, hoping to shorten the treatment time, thus greatly reducing the burden on doctors and the pain of patients.

  "Deep Thinking" will cooperate with University College London Hospital to analyze the scanned images of 700 patients who have suffered from head and neck cancer, create an algorithm to learn how doctors make decisions during radiotherapy, and finally realize automatic "segmentation" scanning to reduce the burden on doctors. "Segmentation" refers to the process that doctors need to manually draw the radiotherapy area when giving radiotherapy to cancer patients, find out the correct position of X-ray scanning to kill tumor cells and minimize the damage to surrounding healthy tissues.

  However, the company explained that it is still up to clinicians to decide whether to reduce the radiotherapy procedure in the end, but they hope to reduce the "segmentation" process from 4 hours to about 1 hour. In addition, this algorithm can also be used for the treatment of other cancers.

  Although the above companies have different methods, they all reach the same goal, and the ultimate goal is to remove the "cancer" in the history of human civilization — — Cancer.

  (Science and Technology Daily, Beijing, October 10th)

Is the air quality inside the subway better than outside? Survey: Not necessarily, generally worse than outdoor.

[Survey] The public pays little attention to the air in the subway.

The subway is becoming a mode of transportation for more and more people. According to the statistics of Beijing Municipal Transportation Commission, in 2017, the proportion of green travel in downtown Beijing reached 72%, and the average daily passenger traffic of rail transit network reached 10.3 million. According to the statistics of Beijing Metro Company, on March 27th this year alone, the daily passenger traffic of 16 operating lines under the jurisdiction of Beijing Metro Company reached 10,008,800 passengers.

What followed was the increase in people’s time on the subway. According to incomplete statistics, Beijing subway passengers spend an average of two hours in the subway every day. Therefore, how the air quality in the subway becomes very important and what adverse effects it may have should be paid enough attention by the public.

Volunteers conducted a questionnaire survey in the subway.

However, the reporter’s random survey found that the public paid little attention to this. Not long ago, Beijing issued the first blue warning of dust this year, and the air quality in the whole city reached the level of heavy pollution. At Guangqumennei Station of Metro Line 7, many people naturally took off their masks after entering the subway station. The reporter interviewed a girl in her twenties at random. She told reporters: "Wearing a mask for a long time feels very oppressive, and there is no way for the air outside to be heavily polluted. When you enter the subway station, you don’t have to wear it. " She believes that there is air conditioning in the subway, which will filter pollutants in the air.

The reporter also asked some subway passengers. Most people think that the air in the subway is better than that outside. Is this really the case? The reporter interviewed Zhao Ang, the director of Panshi Institute of Environment and Energy and the main person in charge of the subway air pollution research project.

[Truth] There are obvious differences between different subway lines.

Panshi Institute of Environment and Energy recently released the information map of "Investigation on the Characteristics of Air PM2.5 Exposure and Coping Behavior of Beijing Subway Commuters". In 2017, they successively conducted a series of surveys and assessments on the differences in air pollution exposure levels of commuters in Beijing subway and the corresponding health impacts.

"We conducted a questionnaire survey on 618 people in the Beijing subway." Zhao Ang said that 76% of the respondents thought the outdoor air quality was worse than that in the subway. But the actual monitoring situation is the opposite. During the investigation in the subway, the daily average concentration of PM2.5 was 154 μ g/m3 in winter heating season and 127 μ g/m3 in non-heating season, while the daily average in outdoor Beijing was 103 μ g/m3 and 69 μ g/m3, respectively.

Through monitoring, experts also found that not only the air quality in the subway is generally worse than that outside, but also the differences between the lines are obvious. "By horizontally comparing the average concentration of PM2.5 in different subway lines, we found that the air quality of Line 13 was the best and Line 8 was the worst within half a year of project monitoring." Zhao Ang said.

According to statistical analysis, Metro Line 2 and Line 13 have the lowest concentration of PM2.5, and Line 8 has the highest concentration of PM2.5. "The monitoring results of this time are similar to those of the subway air monitoring in our’ measuring the air in the corner’ project in 2015." Zhao Ang said that it seems that this situation has not changed.

"If we compare the outdoor air quality of Line 13 and Line 8, we can find that the PM2.5 concentration level of Line 13 is close to the outdoor during the monitoring period of up to 6 months, especially in the non-heating season. This may be related to the long outdoor part of the line, good ventilation and relatively slow speed. "

Zhao Ang told reporters that the concentration of PM2.5 in Line 8 is always higher than that outside, whether in heating season or non-heating season. Similarly, Line 6, with poor air quality, also shows a greater difference from outdoor air quality.

[Response] Over 7 adults are willing to pay for improving the air.

"The actual situation of subway air quality is inconsistent with the cognition of many citizens, which also requires the public to strengthen this awareness." Zhao Ang said that the relationship between knowledge and action is an important field of decision-making science and behavioral science research. "When we analyze the survey data, we see that the respondents understand the inconsistency between air pollution and coping behavior, and also understand that there are many factors that affect the relationship between knowledge and action."

Zhao Ang said that although most people think that air pollution has a noticeable impact on people’s lives, the proportion of people who wear masks when taking the subway is not high. "When taking the subway, the proportion of people who never wear masks is as high as 36%, and only 7% of people always wear masks."

He believes that this inconsistency in cognition and behavior is largely related to people’s ignorance of the reality that the air quality in the subway is worse than that outside. On the other hand, it is also related to people’s judgment on the pollution protection effect of wearing masks. "More than two-thirds of the respondents believe that masks have no obvious protective effect."

In addition, the research group also found that there is a significant positive correlation between income level and education level and willingness to pay for air purifiers. In this regard, Zhao Ang explained that the higher the education level or income level, the higher the willingness to pay for air purifiers. There is no correlation between these two factors and the willingness to pay for purchasing anti-haze masks.

According to the survey report, among the 618 respondents, 88.2%(545 people) think that increasing the consumption of renewable energy (such as wind power and solar power) is helpful to alleviate the air pollution in Beijing. Among them, 478 people are willing to increase their monthly electricity bill in order to improve the air quality in Beijing.

[Tips] Wearing a mask is the best protection.

"The best way is to wear a mask in the subway." Zhao Ang said, "Because it takes a long time to control air pollution, personally, the most effective means of protection is probably to wear masks often, especially when taking the subway."

Zhao Ang told reporters that cardiovascular disease is one of the main health risks caused by air pollution exposure. Fudan University once asked 30 young college students to do relevant experiments to evaluate the potential cardiovascular health benefits brought by wearing a mask (model: 3M-8210V) that can block PM2.5 fine particles.

The experimental results show that wearing a mask in a short time can improve Heart Rate Variability (HRV) and reduce ambulatory blood pressure and circulating biomarkers, indicating that wearing a mask can alleviate the harm of air pollution to cardiovascular diseases. On the contrary, if you don’t wear a mask, the inhaled particles will increase, which will lead to the decrease of HRV parameters, which is potentially harmful to cardiovascular diseases.

"Of course, this experimental study also has some limitations." Zhao Ang said, for example, due to the small sample size, this study is exploratory in nature; Because the personal exposure to PM2.5 has not been detected, it is inevitable that errors will occur when measuring exposure; The monitoring device is not calibrated by gravity measurement, and some indoor factors, such as human activities, will affect the exposure concentration of individual PM2.5.

"Although there are some limitations, this randomized controlled crossover experiment still provides preliminary evidence that wearing masks can be used as an effective practical tool to protect individual cardiovascular health, thus reducing the harm of air pollution."

(The original title is "Green Living Lab | Is the air inside the subway better than outside? Not necessarily! 》)

Net Translator CKtalon: The overseas translation of China’s online literature

[Editor’s note]As a cross-cultural global communication activity, writing and translation jointly determine the quality of overseas communication. On June 8th, the "Online Literature Overseas Communication Summit Forum" hosted by Yuewen Group and its overseas portal Webnovel was held in Singapore. Lin Tingfeng, editor-in-chief of Yuewen Group, and many writers, translators and editors of Yuewen attended the event to discuss the development direction of online literature overseas communication. It is worth mentioning that the online reading group has already jumped out of the local Chinese circle. Malaysian translator Insignia said at the meeting, "To my surprise, non-Chinese Malaysian residents are also reading novels in Webnovel, and this group is rapidly expanding, breaking the racial barriers, gender differences and geographical distances, so that everyone can share a novel and share a world. "This article is a speech made by CKtalon, a Singaporean translator, at the meeting. CKtalon is translating Zhenwu World, Flying Sword Asked and other works.

First, the status quo of overseas translation

Good afternoon, everyone. I’m Hongwen from Singapore, and I’m also CKtalon, the translator of Starting Point International. Today, I am here to share with you the overseas translation of China’s online literature.

First of all, what I want to share with you is the status quo of overseas translation. Since November 2015, I have been involved in the Chinese-English translation of the oriental fantasy "Zhenwu World", and later I have gradually tried different types such as city, Er Yuan and Xian Xia. Although I was not the first person to "eat crabs", I was fortunate enough to witness the process of China’s online writing going to sea. Different from domestic readers, China’s online text that overseas readers first came into contact with belongs to a second creation, that is, the version translated and edited by the translator according to the Chinese version of the novel. Mr. Yu Guangzhong, a famous contemporary translator, once said: Translation is a conditional creation. I quite agree with Mr. Yu’s point of view. In the process of transforming from one language to another, the translator needs to constantly overcome the personal uniqueness in his creation and approach the original infinitely. Translators need to understand what the original author is thinking and expressing through the original text. More importantly, what he is passing on to the readers.

In my opinion, the classification of translators is actually very similar to the system of cultivating immortals in China’s net. Nowadays, most web translators are still in the stage of building a foundation, that is, translating to readers word by word according to the original text. This kind of translation without merit can only make readers understand who is doing what.

Then the translator will tell the story better and more vividly. They will make readers understand the plot and increase the overall readability and fluency. Especially in the depiction of the characters’ mood, readers will feel the emotions of the characters at this moment through various methods such as capitalization, boldness, italics, punctuation and so on.

Yuan Ying-level translators will make up for the logical loopholes of the original author and narrate the original author’s incomplete meaning completely. However, due to the difficulty in grasping the scale, there are still few such high-level translators at present.

Of course, there are also a lot of practicing translators who have a large number of omissions, mistakes and even machine turns.

Therefore, at present, the translation level of the whole overseas online text is still uneven. At first, due to the lack of choices, readers were more tolerant of such works with poor translation level. However, with the increasing number of online novels in China, readers are constantly evolving. I believe that these practicing translators will eventually be eliminated by the market.

Second, the difficulties in China’s online translation

Secondly, it is the translation difficulty of China’s net text. As a translator with more than two years’ online translation experience, I have a deep understanding of the difficulties encountered in the translation process.

Translation is to let cultures communicate and understand each other. Therefore, the first difficulty lies in the interpretation of the words with China characteristics. It is not a simple matter to explain the meaning clearly and make the reader understand it. I still remember that when I first started translating Zhenwu World, the translation time of each chapter was nearly two hours. As an oriental fantasy novel, those levels of cultivation, idioms and common sayings are inevitable. I understand the meanings of those words that contain China culture, such as "Then", "Yuan Shen" and "Immortal", but I really don’t know how to translate them.

For this kind of vocabulary, I usually divide it into two parts: translation and explanation. First of all, translation is to find the most accurate English word. After all, translation is not a brand-new field, and I think it is undoubtedly a "shortcut" to absorb the wisdom of translators’ predecessors. Therefore, I will choose the most accurate and accepted word by looking for a lot of information and reading a lot of literature. It is undoubtedly not enough to find this word alone, so it needs to be explained to make readers better understand the story and cultural meaning behind this word. I think Starting Point International has done a good job on this point, and we can easily annotate a certain word or sentence in the translator’s backstage. When the front end is displayed, a small gray logo will appear on the right side of the word, and readers can click to see the complete explanation. This will not affect the reader’s reading experience, but also achieve the effect of explanation. Personally, I think this little function is great! In addition to pure text explanation, many translators will also use the combination of pictures and texts to make readers feel more interesting. For example: Tai Ji Chuan, there will be a video of grandpa playing Tai Chi; Sugar-coated haws will put a picture of sugar-coated haws. Of course, readers usually love and hate food photos.

The second difficulty in translation lies in the disunity of nouns. Many China online articles, especially male frequency books, usually have more than 1000 chapters in a book, so many authors will have the problem of writing before forgetting. Some names and places don’t match the previous ones. In the process of translation, the translator will have similar problems. The last time the place name was translated, the next time a new translation method was adopted. In order to avoid these confusions, our translators usually build a vocabulary while translating. The next time you translate this place name, you can find the previous translation method by searching.

For the whole site, I also helped the starting point international to establish a platform-wide vocabulary, which includes many translation methods of surgical words and proper nouns, thus effectively avoiding the problem of inconsistent translation of those surgical words between books and enhancing the reading experience of platform readers. At present, I have sorted out more than 700 translation methods of specialized words.

Third, the future research direction

Finally, I want to share with you our future research direction. Many difficulties in translation actually come down to cultural differences between different countries. In order to further eliminate these reading barriers caused by culture, the future research direction of Starting Point International will also shift to the localization of translation. We will aim at readers from different regions and countries, and through some reasonable adaptations and plot optimization, overseas readers can better understand China’s online texts.

Disney is higher than the total box office of China film market. How to evaluate global films in 2019?

 

Behind the continued slight increase in the world is the "emergence" of solidified contradictions.

Text/July

Over $41.3 billion, a year-on-year increase of 1%.

This is the answer sheet handed over by the global film market in 2019. From the year-on-year growth rate of about 3% in 2016 and 2017 to a slight increase of only 1% in 2018, the slight increase in the global film market has steadily increased.

However, the box office in the North American market once again experienced a small decline, which was less than the $11.4 billion in 2016. Fortunately, the international market still maintained a certain degree of growth, and finally succeeded in pulling the whole global film market to continue to increase slightly.

What is worthy of recognition is that Disney still shows a strong growth trend under such a slight increase background, and its global achievements have exceeded $11 billion in one fell swoop, achieving a qualitative leap.

From this point of view, Disney does not seem to have been too impacted by streaming media. But in fact, the competition between traditional cinemas and streaming media platforms such as Netflix has become a global trend. Although Hollywood giants began to increase their layout on streaming media, the difficulty of solidification of their creation seems to have just begun.

 

one

Continue to increase slightly

Global environment.

 

The film market in North America tends to be saturated, which has basically become a well-known information. Therefore, in 2019, the box office in North America fell to $11.36 billion, down 4.4% compared with 2018. This phenomenon does not seem to cause more surprises.

 

Looking back at the box office performance in recent years, the box office performance in North America has basically shown a relatively stable interval value, which has been fluctuating up and down within the range of 11-12 billion US dollars. Among them, the highest record was $11.88 billion in 2018.

 

Similar to the relatively stable film market in North America, the international market and the global market in 2019 also showed a slight increase trend: in 2019, the box office in the international market exceeded 30 billion US dollars, an increase of 2.7%; The growth of the global box office is more "cautious", achieving an increase of 200 million US dollars compared with 2018, reaching 41.3 billion US dollars, maintaining a slight increase of 1%.

 

On the basis of the relatively stable box office in North America, let’s look at the box office performance in the international market and the global market in recent years. In fact, the slight increase has already become a major trend in the entire film market.

 

From 2015 to 2019, except for a slight decline in 2016, the box office market in the international market was basically in a relatively stable and small growth process, and reached a new volume of 30 billion US dollars in 2019.

 

Under the dual influence of the box office in North America and the "small step" of the box office in the international market, the growth rate of the global market has slowed down, from about 3% in the previous two years to 1% in 2019.

 

It is worth noting that although it has become an inevitable trend to continue to increase slightly, the slight increase of 1% in the global box office is not a good signal for the film industry. In particular, half of the audience has stepped on the turning point of "negative growth".

 

The reason is that the traditional movie consumption pattern is being impacted by the new consumption and entertainment pattern on a global scale. For example, social networks and short videos in the domestic market have greatly diverted young audiences, and the North American market and most international markets have been greatly impacted by streaming media. This situation is an almost irreversible global trend in a short time.

 

At the same time, the new consumption and entertainment model is actually in the process of updating and iteration. The future development of the global cinema market will face the difficulty of being greatly diverted from the audience for a long time, and the state of slight increase will only get longer and longer.

 

2

Disney’s "Outbreak"

 

IP value power.

 

Different from the overall film market environment, Disney, which officially completed the acquisition of Fox, seems to show a stronger growth posture.

 

Disney still sits firmly in the first place among Hollywood producers and distributors in 2019: its global box office exceeded $11 billion, an increase of more than 50% compared with $7.33 billion in 2018; And far exceeded the highest record of $7.61 billion in 2016.

 

At the same time, Disney’s box office performance in the North American market in 2019 also made a great breakthrough, once again refreshing the historical record of 3.09 billion US dollars in 2018 with 3.8 billion US dollars; And the market share exceeded 30% for the first time, reaching 33.45%.

 

It is worth noting that Disney achieved good results in 2019, but this did not count the box office data of the acquired Fox.

 

It can be seen that the "Big Five" in Hollywood, which has completed its internal restructuring, has gradually shown a step-by-step industrial pattern, and there is a clear boundary between the first and second echelons: the difference between Disney, which ranks first, and the second echelon in global box office performance is getting bigger and bigger, reaching nearly 7 billion US dollars in 2019.

 

Looking back at Disney’s transcripts in 2019, among the TOP20 films at the global box office, Disney monopolized 8 of them and became the biggest winner. Among them, the top three are all Disney’s works.

 

However, it is not difficult to find that 2019 can be said to be a year of Disney’s big IP collection, which is an important reason why Disney can achieve a "qualitative leap" in box office performance: whether it is Avengers 4 and Frozen II in the top three, or Star Wars 9 ranked later, they are all IP series films with successful predecessors; The Lion King, Aladdin and other four films adapted from fairy tales are also largely based on fairy tale IP with a large mass base.

 

In addition, although most of the films that Disney introduced into the domestic market in 2019 were not satisfactory, they did not actually affect the overall growth trend of Disney. In particular, Disney achieved a global box office growth of $7 billion to $11 billion in 2019.

 

Obviously, the IP that Disney has been building over the years has successfully formed a stable IP value, which can feed back the company to achieve a global box office increase of more than 50% in the general environment of slight increase. This is also the great reason why Disney is gradually widening the distance with other traditional Hollywood film and television companies.

 

three

Traditional cinemas tend to solidify.

 

Single issue option.

 

In fact, whether we discuss the performance of the global cinema film market or pay attention to the strategic layout of Disney, we can’t avoid the "natural enemy war" between traditional cinema and streaming media. In particular, the streaming media represented by Netflix is not only centered on North America, but also has more active layout investment in the entire overseas market.

 

It can be found that with Netflix and others gradually gaining achievements in overseas markets, the impact of streaming media on traditional cinema business is constantly strengthening, and the competition between traditional cinema and streaming media has evolved into a global trend, which is no longer limited to a single region.

 

Therefore, Hollywood giants such as Disney have begun to actively deploy on streaming media to fight back. However, because one of the greatest values of the streaming media platform is to meet the audience’s demand for the convenience of watching movies, it seems that the entry of Hollywood giants into the streaming media war only strengthens the fierce competition between streaming media, but actually can’t change the situation that the traditional cinema business is constantly being impacted.

 

Specifically, as big producers and distributors, Hollywood giants such as Disney and Warner Bros. will give priority to putting their own "exclusive IP" content on their own streaming media platforms, and use more mass-based IP to compete with the homemade content of streaming media platforms such as Netflix.

 

This operation just makes smaller independent films and art films gradually lose their status in Hollywood, and they can only commit themselves to small film production companies or choose to invest in streaming media platforms. In particular, some first-line directors and actors who focus on traditional feature films.

 

The streaming media platform wants to meet its own development needs through the promotion of self-made content, and naturally it will give support to content creators through extremely high cost or even a complete "premium", which is why streaming media platforms such as Netflix have gradually emerged in traditional international film festivals in recent years.

 

Therefore, compared with the streaming media platform, it began to be competitive in content innovation, but the distribution and creation of the entire traditional industrial system in Hollywood unconsciously fell into a solidification, and the innovation began to decline because of the rigid creation of IP content such as super-English blockbusters. However, it seems that this development trend cannot be reversed in a short time, which is not optimistic.

 

From now on, the whole movie market will continue to increase slightly for a long time. Although Disney’s IP value is enough to feed back the company, "solidification contradiction" has begun to become a new anxiety for Hollywood movies that have been hit by streaming media.

Therefore, in the future, the stagnant market trend will not change much, and the development space of creativity of traditional cinemas led by Hollywood will become a more difficult problem for the whole film market.

Stamp duty on REITs in Hong Kong will be officially exempted, which is expected to enhance the competitiveness of REITs in Hong Kong stock market.

  Our reporter Mao Yirong

  Hong Kong REITs market once again ushered in good.

  On December 11th, the Legislative Council of the Hong Kong SAR Government passed the Stamp Duty Legislation (Miscellaneous Amendments) Bill 2024 (hereinafter referred to as the Amendment Ordinance), which exempted the transfer of shares or units of real estate investment trusts (hereinafter referred to as REITs) and the securities distribution business of option makers, and revised the stamp duty collection arrangements under the paperless securities market system in Hong Kong.

  The Amendment Regulations will be published in the Gazette on December 20th, and the stamp duty exemption for the transfer of shares or units of the REIT fund and the securities distribution business of the option makers will come into effect on December 21st.

  A spokesman for the Hong Kong SAR Government said: "Exempting the transfer of shares or units of REITs and the stamp duty on securities distribution business of option makers will enhance the competitiveness of Hong Kong REITs and reduce the transaction costs of option makers. Revising the stamp duty collection arrangement will promote the efficiency of stamping and stamp duty collection procedures in the paperless securities market environment. The Hong Kong SAR Government, together with financial regulators and the Hong Kong Exchanges and Clearing Limited (HKEx), will continue to closely follow the changes and needs of the market and study measures to further optimize the stock market in order to enhance market competitiveness and promote its sustainable development. "

  Buying and selling REITs in Hong Kong will no longer pay stamp duty.

  As early as the beginning of this year, the Financial Secretary of the Hong Kong SAR Government, Chen Maobo, said in the Budget of the SAR Government for the fiscal year 2024-2025 that in order to further enhance the market competitiveness, the transfer of share units of the Housing Trust Fund and the securities distribution business of option makers will be exempted from paying stamp duty, and it is estimated that the annual income of the Hong Kong SAR Government will be reduced by about HK$ 1 billion.

  Since the launch of the first real estate trust fund in Hong Kong in 2005, the REITs market in Hong Kong has grown significantly and gradually established its foundation. According to the current Stamp Duty Ordinance of Hong Kong, the sale of REITs is subject to stamp duty, and the tax rate is 0.1% for the buyer and 0.1% for the seller.

  Dennis Huang, president of Huisheng International Capital Co., Ltd. told the Securities Daily that the move by China and Hong Kong follows the practice of mainstream international markets, including Singapore and Japan. Generally, there is no need to pay stamp duty for buying and selling REITs. This exemption is expected to encourage more REITs to enter the market and enhance the competitiveness of Hong Kong REITs.

  In the securities distribution business of option makers, the option makers under the Hong Kong Stock Exchange plan to provide trading quotations for the market for investors to trade, thus improving the efficiency and liquidity of the option market. With the continuous development of products in Hong Kong’s securities market in recent years, investment strategies have become increasingly diversified and trading patterns have changed. The trading volume of options has increased significantly, and the demand for options maker services has also increased.

  According to the Stamp Duty Ordinance of Hong Kong, any person who conducts securities distribution business must prepare transaction documents, and stamp duty of HK$ 5 is required for each transaction document, which is a fixed cost for option makers. At present, except for option makers, market makers of other products are not required to pay relevant taxes.

  Xu Zhengyu, Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, said at the Legislative Council meeting on November 20: "Exempting the stamp duty required for the distribution business of option makers will enhance the efficiency of the option market, further facilitate investors, reduce the cost of option makers, and be in line with the arrangements of other market makers. It is suggested that the relevant business needs to prepare transaction documents and complete stamping requirements. "

  Investment opportunities in REITs market in Hong Kong are expected to improve.

  In addition to this exemption from stamp duty, REITs in Hong Kong also welcomed more policy support. On April 26th this year, the Hong Kong SAR Government announced the extension of the "funding scheme for open-end fund companies and real estate investment trusts". The extended funding scheme will be accepted from May 10, 2024. Eligible housing trust funds approved by the Hong Kong Securities Regulatory Commission and listed on the Hong Kong Stock Exchange will be allocated 70% of the eligible fees of Hong Kong service providers, with a ceiling of HK$ 8 million per housing trust fund.

  In addition, mainland investors are also expected to directly participate in REITs trading in Hong Kong to achieve diversified asset allocation. On April 19th this year, the China Securities Regulatory Commission issued five measures for cooperation between the capital market and Hong Kong. It is mentioned that REITs will be included in Shanghai-Shenzhen-Hong Kong Stock Connect. It is planned to incorporate qualified REITs from the Mainland and Hong Kong into the Shanghai-Shenzhen-Hong Kong Stock Connect with reference to the interconnection system of stocks and ETFs in the two places, so as to further enrich the trading varieties of Shanghai-Shenzhen-Hong Kong Stock Connect.

  This also means that once this policy is implemented, more mainland investors can directly invest in REITs listed in Hong Kong, and it will also become a catalyst for the further growth, development and maturity of the REITs market in Hong Kong.

  Up to now, the number of REITs listed in Hong Kong has exceeded 10. Most of them are held by Hong Kong-listed real estate companies, involving various assets such as office, retail, hotels, industrial logistics and commercial complexes.

  At the same time, the market pays more attention to whether there are investment opportunities in REITs in Hong Kong. Sun Yuanqi, a real estate and REITs analyst in the research department of China International Capital Corporation, believes that the Hong Kong REITs market has overall investment opportunities in the long-term dimension, if viewed in the potential background of the deepening of the RMB southward process. Whether it is the interconnection of the REITs market in the two places or the long-term potential trend that Hong Kong stocks may enter the RMB pricing power as a whole, it is conducive to the overall revaluation of the REITs market in Hong Kong stocks.

JAC passenger car Ruifeng M3 family pragmatic enough manual (MT) gearbox

Today, this car is very distinctive. As for the outstanding performance of the car, please read it together.

First of all, from the appearance, the front face looks very dignified and sporty. Coupled with comfortable headlights, it outlines a simple effect. The car is equipped with LED daytime running lights, headlight height adjustment and automatic opening and closing. Come to the side of the car, the car body size is 5145MM*1765MM*1900MM, the car uses simple lines, the side looks very simple and fashionable, with large-sized thick-walled tires, it looks full of sports. In the design of the rear end, the tail line is round and lovely, and the taillights give people a very fashionable and simple feeling. Together with the unique exhaust pipe, the whole looks very delicate.

Sitting in the car, the interior enhances the visual sense of dynamic and lively, full of fighting atmosphere. The steering wheel of the car is very in line with the interior style, and it is equipped with functions such as manual adjustment of the steering wheel up and down, which looks a little more round and lovely. Take a look at the central control. The design of the center console is reasonable, which makes the interior design quite layered and looks clean. Next, let Xiaobian introduce the dashboard and seats. The dashboard of the car presents a comfortable design style and the shape takes the sports route. The car uses a fabric seat, equipped with functions such as proportional reclining of the seat, and has good support and comfort.

Matching the manual (MT) gearbox, the maximum power is 98KW, the maximum torque is 182N.m, and the power performance is good.

The back row space is quite satisfactory, and the leg space is still rich, so it is no problem to meet daily household needs. In addition, the car is equipped with anti-lock braking (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), braking force distribution (EBD), traction control (ASR/TCS, etc.) and other safety configurations.

After reading the above description, Xiaobian will make a summary. This class of cars can often give consideration to both cost performance and practicality, and is often considered by most consumers as the first choice when buying a car.

Geely Xingrui’s car maintenance cost analysis, 14,515.36 yuan a year, would you choose?

As a domestic brand, Geely Automobile has been making great efforts in recent years, and has launched many models that are deeply loved by everyone. Today, we will bring you a compact car under Geely Automobile-Geely Xingrui. Let’s take the 2.0T space-time version of Haoyue of Xingrui 2021 as an example, and analyze this car from the perspective of later car maintenance cost to see how its strength is.

Fuel:

Xingrui 2021 2.0T space-time version Haoyue is equipped with a 2.0T 190 horsepower L4 engine, with a maximum power of 140kW and a maximum torque of 300N·m, which is relatively strong in power. The comprehensive fuel consumption of NEDC is 6.7L/100km, and the measured fuel consumption is 7.9L/100km. The official guidance requires filling 95# gasoline, and the current price is 9.32 yuan per liter. According to the general situation of daily commuting, going out on weekends and occasionally running at high speed, the average monthly driving is 1000km, and the annual driving is 12,000 km. The fuel consumption is calculated according to the measured fuel consumption, and the annual expenditure on fuel is 8,835.36 yuan. Because everyone’s driving habits are different and the road environment is different, everyone will have a gap in actual fuel consumption.

Insurance:

In the commercial part, motor vehicle loss insurance costs 1150 yuan, and third party liability insurance costs 1320 yuan according to the quota of 1 million yuan. Compulsory traffic insurance needs 950 yuan, and travel tax needs 450 yuan. The cost of the overall insurance part needs 3870 yuan. If you don’t get out of danger in the first year, there will be a certain discount on the insurance cost in the second year.

Maintenance:

The official data of Xingrui 2021 2.0T space-time version Haoyue is 60,000 kilometers, and the total maintenance cost is estimated to be 10,071.0 yuan. We need to carry out maintenance every 5000km or every six months, and according to the calculation of driving 12000km a year, it is basically enough to carry out maintenance twice a year For a basic maintenance, the cost of materials and working hours is about 650 yuan, and for another major maintenance, the air filter, air conditioner filter, gasoline filter and brake oil should be replaced according to the situation, and the total cost is about 1160 yuan. Of course, the specific maintenance items should be determined according to the actual car use, and there may be an increase or decrease in maintenance items every time. According to our basic calculation, the annual maintenance cost of this car needs 1810 yuan.

On the whole, this car needs 8835.36 yuan for fuel, 3870 yuan for insurance, 1810 yuan for maintenance and 14515.36 yuan for car maintenance. What do you think of such car maintenance performance? Welcome to leave a message in the comments section.

I knew early next week | Beijing began to implement the five-ring restrictions on motor vehicles in China I and China II.

  The Beijing Bus Express Direct Line will connect to Dachang, Hebei Province on February 13th.

  Next Monday (February 13th), two express bus lines will be opened, both of which can lead from Beijing to Dachang, Hebei. This will be the express direct line between Beijing and Hebei in Article 5 and Article 6 of this city.

  February 14th

  Nominations for the Chief Executive Election of the Hong Kong Special Administrative Region began.

  The Electoral Affairs Commission (EAC) of the Government of the Hong Kong Special Administrative Region (HKSAR) announced that the nomination period for the fifth election of the Chief Executive of the HKSAR began on February 14th, 2017 and ended on March 1st.

  February 15th

  Beijing regulates that the compensation requirements for the value of expropriated houses should not be lower than similar real estate market prices.

  The Interim Measures for the Assessment of Housing Expropriation on State-owned Land in Beijing will be implemented on February 15, 2017. The interim measures further standardize the price level of compensation for house expropriation, and ensure that the compensation for the value of the house to be expropriated is not lower than the market price of similar real estate of the house to be expropriated.

  Beijing began to implement the five-ring restrictions on motor vehicles in country I and country II during working days.

  From February 15, 2017, Beijing will implement the road working day restriction within the Fifth Ring Road (excluding) for light gasoline vehicles with national I and II emission standards in this city and other places. For motor vehicles that violate the regulations and drive on roads in restricted areas, the traffic administrative department of the public security shall, in accordance with relevant laws and regulations, impose a fine on 100 yuan, which shall be calculated and punished once every 4 hours.

  Jiangsu motor vehicle parking service charges in different periods. Congestion periods are higher than idle periods.

  In order to standardize the charges for motor vehicle parking services, reasonably guide the allocation of public resources, ease road traffic and social parking demand, the Measures for the Administration of Motor Vehicle Parking Services in Jiangsu Province was promulgated and will be implemented on February 15th. The "Measures" newly put forward that "the congestion period is higher than the idle period", and made it clear that the charges during peak hours such as commuting are higher than other periods, and efforts were made to alleviate the traffic conditions during urban peak congestion.

  February 16th

  Lenin’s Mausoleum in Moscow’s Red Square will be closed for two months for body maintenance.

  According to Sputnik, citing the news released by the Media and Public Relations Center of the Russian Federal Security Service, the Lenin’s Mausoleum on Moscow’s Red Square will be temporarily closed to citizens from February 16th to April 16th. The news said: "Lenin’s Mausoleum will be temporarily closed from February 16 to April 16, during which time the planned preventive maintenance of the remains will be carried out."

  17 February

  Hearing held on two schemes for adjusting sewage treatment fee in Guangzhou central city.

  A set of schemes with large adjustment will be charged according to the pricing cost and net asset profit rate, with the domestic sewage of residents starting from 1 yuan/ton, the domestic sewage of non-residents starting from 1.6 yuan/ton, and the sewage treatment fee standard of special industries will be raised to 2.5 yuan/ton. According to the arrangement, the hearing on the adjustment scheme of sewage treatment fee will be held on February 17th.

  Bright Venus is the brightest in the whole year on February 17th.

  Recently, some careful public will find that there is a star in the southwest sky every evening. Astronomical experts say that this bright star is Venus. With the passage of time, Venus will reach the brightest in the whole year on February 17th, which is a rare favorable opportunity for the public to observe Venus.

  Munich security conference held

  The 2017 Munich Security Conference will be held at the Bavarian Courtyard Hotel in Munich from February 17th to 19th. The annual Munich Security Conference is the highest-level international security policy dialogue platform in the world, and hundreds of senior representatives from various countries are invited to participate in the discussion every year. Wolfgang Ischinger, chairman of the conference, said that this Mu An Conference will be an important opportunity to talk about how Europe and the United States will continue to cooperate in an increasingly challenging international environment.

  February 18th

  Second round reservation of Year of the Rooster commemorative coins

  The commemorative coin of the Year of the Rooster will be reserved for the second time next week. The 2017 bicolor copper alloy commemorative coin issued by the People’s Bank of China has the words "People’s Bank of China" and "10 yuan" on the front, the Chinese phonetic alphabet "SHIYUAN" and the year number "2017", and the background is lined with a group flower pattern. On the back, the main scene pattern is a rooster shaped by the combination of China traditional paper-cutting art and decorative New Year pictures. Above it, there are palace lanterns and peony patterns, and the word "Ding You" is printed on the left side of the coin. Two-color copper alloy commemorative coins with denomination of 10 yuan, diameter of 27mm, made of two-color copper alloy, issued 500 million pieces. The second appointment period is from February 18 to February 21, 2017, and the exchange period is from February 22 to February 28, 2017.

   February 19th

  20th anniversary of Deng Xiaoping’s death.

  February 19th is the 20th anniversary of the death of Comrade Deng Xiaoping. On February 19th, 1997, Deng Xiaoping died in Beijing at the age of 93. On the same day, the Central Committee of the Communist Party of China, the National People’s Congress Standing Committee (NPCSC), the State Council, Chinese People’s Political Consultative Conference and the Central Military Commission issued a Letter to the whole Party, the whole army and the people of all nationalities in China, pointing out that Deng Xiaoping was recognized by our party, our army and the people of all nationalities as an outstanding leader with high prestige, a great Marxist, a great proletarian revolutionary, politician, strategist, diplomat, a tried-and-tested communist fighter, the chief architect of China’s socialist reform, opening up and modernization drive, and the founder of Socialism with Chinese characteristics Theory.

  Sapporo Asian Winter Games held in Japan

  The Asian Winter Games in Sapporo, Japan will be held from February 19th to 26th in Sapporo and Daiguang, Hokkaido. At the end of November last year, the Organizing Committee of Sapporo Asian Winter Games announced that it had received the largest number of entries from 31 countries and regions.